Robinhood Markets: Q2 Earnings Insights

Robinhood Markets HOOD reported its Q2 earnings results on Tuesday, August 2, 2022 at 04:15 PM.

Here's what investors need to know about the announcement.

Earnings

Robinhood Markets beat estimated earnings by 8.11%, reporting an EPS of $-0.34 versus an estimate of $-0.37.

Revenue was down $247.33 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.09 which was followed by a 2.82% drop in the share price the next day.

Here's a look at Robinhood Markets's past performance:

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.36 -0.45 -1.36 -0.15
EPS Actual -0.45 -0.49 -2.02 0.11
Revenue Estimate 355.78M 362.14M 431.27M 521.84M
Revenue Actual 299.00M 362.71M 364.92M 565.33M

To track all earnings releases for Robinhood Markets visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: EarningsBZI-Recaps
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